Property Overview: 144 Cheema Drive, Winnipeg
This home presents a compelling opportunity in Winnipeg’s North Inkster Industrial area. Built in 2023, it is a modern property that balances space, value, and location.
Key Characteristics & Ideal Buyer
The primary appeal of this property lies in its new construction and efficient design. With 1,615 square feet of living space, it offers above-average roominess for Winnipeg overall, while sitting comfortably within the norms for its immediate street and neighborhood. The assessed value of $446,000 follows a similar pattern—positioned around the median for the area but representing a premium, modern asset compared to the city’s older housing stock.
A less obvious strength is its statistical standing. The home’s age is a standout feature, ranking in the top 4% of its local area and the top 1% city-wide, meaning it is among the newest homes available. This translates to minimal immediate repair costs and modern building standards. The trade-off is a smaller land area (3,068 sqft), which is typical for newer developments but below the city-wide average. This profile suits buyers seeking a modern, move-in-ready home without the upkeep of an older property. It would particularly fit first-time homeowners or downsizers who prioritize a low-maintenance, contemporary interior over a large yard, and who value being part of a developing community within the city.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is very typical for Cheema Drive and the North Inkster Industrial area, ranking almost exactly in the middle. However, compared to the entire city, its value is above average, reflecting its new condition.
2. What are the implications of the home being built in 2023?
As a near-new build, major components like roofing, HVAC, and appliances are under no immediate threat of replacement. This offers significant savings on maintenance and repairs in the short to medium term compared to the city’s average home, which dates to 1966.
3. Is the living space considered large?
At 1,615 sqft, the living area is slightly above the city-wide average. On its own street and in the local area, it is just below the average for comparable homes, placing it in a comfortable, mid-size range—not expansive, but certainly not cramped.
4. The lot seems smaller than most in Winnipeg. Is that a concern?
The land area is below the Winnipeg average, which is common for newer subdivisions. It is, however, consistent with lots on Cheema Drive. This is ideal for those who prefer less yard work but may not suit buyers looking for extensive outdoor space or privacy.
5. Can I find out the exact historical sale price?
The provided data shows a sold price range of CA$400k–450k for March 2023. Due to data source rules, exact sale figures are not published online. You can request the verified transaction history directly via email from the site, and they will provide the precise details manually.